What is the economic industry code for wine retail?

What is the economic industry code of wine retail?

Wine retail has an economic industry code as prescribed in STT 47 Part G Section II Appendix II – Content of Vietnam’s economic industry system issued together according to Decision 27/2018/QD-TTg as follows:

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472: Retail sale of food, food, beverages or tobacco, waterpipe tobacco in specialized stores

4723 – 47230: Retail sale of beverages in specialized stores

This group includes: Retail sale of alcoholic beverages and non-alcoholic in specialized stores (beverages not intended for immediate consumption at the store) such as:

– Retail sale of alcoholic beverages: Spirits, wine, beer;

– Retail sale of non-alcoholic goods: Soft drinks, sweetened, with or without gas such as: Coca cola, Pepsi cola, orange juice, lemon juice, fruit juice other…;

– Retail sale of natural mineral water or other bottled purified water.

This group also includes: Retail sale of wine and beer containing low concentrations of alcohol or no alcohol.

Exclusions:

– Retail sale of pressed vegetables and fruit juices is classified in group 47223 (Retail sale of vegetables and fruits in specialized stores);

– Retail sale of beverages whose basic ingredient is milk is classified in group 47224 (Retail sale of sugar, milk and dairy products, cakes, jams, candies and products made from cereals, flour, starch in specialized stores);

– Retail sale of powdered coffee and tea is classified in class 47229 (Retail sale of other foods in specialized stores);

– Preparation of drinks for immediate consumption at the store is classified in class 56 (Food services drink);

Thus, according to the above regulations, wine retail has an economic industry code of 4723- 47230 (Retail sale of beverages in specialized stores).

If you want to register to establish a wine retail business, which agency should you go to?

In case you want to register a wine retail business according to Clause 1, Article 87 of Decree 01/2021/ND-CP as follows:

Register a business household

1. Business household registration is done at the district business registration authority where the business household’s headquarters is located.

2. Business household registration dossier includes:

a) Application for business household registration;

b) Personal legal documents for business household owners and household members registering business households in case household members register business households;

c) Copy of minutes of meeting of household members on establishing a business household in case household members register a business household;

d) Copy of the household member’s authorization document for a member to be the owner of the business household in case household members register a business household.

Thus, according to the above regulations, if you want to register to establish a wine retail business, go to the district business registration authority where the business household is located.

A wine retail business household is granted a business household registration certificate when it meets what conditions?

A wine retail business household is granted a business household registration certificate when it meets all the conditions specified in Clause 1, Article 82 of Decree 01/2021/ND-CP as follows: following:

Certificate of business household registration

1. Business household registration certificates are issued to business households established and operating according to the provisions of this Decree. A business household is granted a Business Household Registration Certificate when all of the following conditions are met:

a) The registered business line and profession are not prohibited from business investment;

b) The name of the business household is set in accordance with the provisions of Article 88 of this Decree;

c) There is a valid business household registration dossier fee;

d) Pay the full business registration fee according to regulations.

2. The business household registration certificate is issued on the basis of information in the business household registration dossier declared by the business household founder and is responsible for himself.

3. The information on the Business Household Registration Certificate is legally valid from the date of issuance of the Business Household Registration Certificate and the business household has the right to operate business from the date of issuance of the Business Household Registration Certificate, except in the case of doing business in conditional business investment lines. In case a business household registers the start date of business operations after the date of issuance of the Business Household Registration Certificate, the business household has the right to operate business from the date of registration, except in the case of conditional business investment lines.

4. Business households can receive the Business Household Registration Certificate directly at the District Business Registration Office or register and pay a fee to receive it by mail.

5. Business households have the right to request the District Business Registration Authority to issue a copy of the Business Household Registration Certificate and pay fees according to regulations.

Thus, according to the above regulations, wine retail business households are granted business household registration certificates when the following conditions are met:

– Registered business lines and occupations are not prohibited from business investment;

– The name of the business household is set in accordance with the provisions of Article 88 of this Decree;

– Have valid business registration documents;

– Pay full business registration fee as prescribed.

Practical points to review

For the topic “What is the economic industry code for wine retail?”, readers should compare the legal rule with the actual documents, parties involved, timeline and evidence before choosing a course of action.

  • Identify the legal relationship, signing authority and documents creating rights or obligations.
  • Check deadlines, notices, payment records, approvals and evidence that may affect the legal position.
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Documents to prepare

  • Contracts, annexes, decisions, notices, emails, messages, payment records and handover/acceptance minutes where relevant.
  • Enterprise, asset, license or identity documents connected to the matter.
  • A short timeline of key events and the outcome expected from the review.

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